Tickmill is a global award-winning Forex and CFD provider established in 2015 by the Tickmill Group. It offers a variety of global markets, including forex, stocks, indices, oil, precious metals, bonds, and cryptocurrencies, with over 260+ instruments to trade.
Along with a variety of asset classes, Tickmill is also known for offering superior trading services and solutions which all clients can benefit from. These include industry trading platforms, ultra-fast trade execution, a variety of asset classes, tailored account types with great trading conditions, transparent fee structure, competitive spreads & low commissions, leverage as high as 1:500, vital educational and research resources, and dedicated customer support service.
Tickmill is suitable for beginners and professional traders. It also offers multiple account types, which traders can choose from to enjoy a unique trading experience. High-volume traders are also provided with a VIP account which comes with greater benefits, although to gain access, you must maintain a minimum account balance of $50,000.
Tickmill Broker Overview
| Broker | Tickmill |
|---|---|
| Established | 2015 |
| Head Office | 3, F28-F29 Eden Plaza, Eden Island, Mahe, Seychelles. |
| Regulations | FCA (United Kingdom), CySEC (Cyprus), FSCA (South Africa), LFSA (Malaysia), FSA (Seychelles), BaFin (Germany), CONSOB (Italy), ACPR (France), and CNMV (Spain). |
| Publicly Listed | No |
| Broker Type | STP, NDD |
| Product Offering | Forex and CFDs |
| Trading Platforms | MetaTrader 4, MetaTrader 5, MetaTrader WebTrader |
| Asset Classes | Forex, Indices, Oil, Precious Metals, Bonds, Cryptocurrencies |
| Minimum Deposit | Classic – $100, Pro – $100, VIP – $50,000 |
| Account Currencies | USD, EUR, GBP, PLN |
| Maximum Leverage | 1:500 |
| Pricing Model | Spreads and Commissions |
| Spreads and Commissions | Classic Account – 1.6 pips (Zero Commissions) Pro Account – 0.0 pips + $2 per side per 100,000 traded VIP Account – 0.0 pips + $1 per side per 100,000 traded |
| Lot Sizes | Micro, Mini, Standard |
| Payment Options | Bank Wire Transfer, Credit and Debit Cards, Skrill, Neteller, FasaPay, UnionPay, Qiwi, and Sofort. |
| Islamic Account | Yes |
| Demo Account | Yes |
| Supported Languages | English, Deutsch, Indonesian, Chinese, Russian, Spanish, Arabic, Polish, Italian, South Korean, Portuguese, Vietnamese, Thai, and Malaysian. |
Pros and Cons
Pros
- Strong regulatory framework.
- Hassle-free account registration process.
- Industry-standard trading platforms.
- Transparent fee structure, with no hidden charges.
- Tailored account types with great trading conditions.
- Low forex trading fee.
- High Leverage (up to 1:500).
- Superior trade execution.
- Great education and research offering.
- Dedicated customer support service.
Cons
- Does not accept traders from the United States, Cuba, Iraq, Myanmar, North Korea, and Sudan.
- No proprietary trading platform.
- Limited range of instruments.